The stock of Vector Group Ltd (NYSE: VGR) has decreased by -3.38 when compared to last closing price of 10.36. Despite this, the company has experienced a -3.19% fall in its stock price over the last five trading sessions. Zacks Investment Research reported 2024-04-05 that Attributed to their positive earnings estimate revisions these multi-sector conglomerates currently sport a Zacks Rank #1 (Strong Buy).
Is It Worth Investing in Vector Group Ltd (NYSE: VGR) Right Now?
The price-to-earnings ratio for Vector Group Ltd (NYSE: VGR) is 8.62x, which is above its average ratio. Moreover, the 36-month beta value for VGR is 1.06. Analysts have varying opinions on the stock, with 0 analysts rating it as a “buy,” 1 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for VGR is 135.05M and currently, short sellers hold a 2.09% of that float. On April 11, 2024, VGR’s average trading volume was 1.05M shares.
VGR’s Market Performance
VGR’s stock has seen a -3.19% decrease for the week, with a -9.90% drop in the past month and a -9.17% fall in the past quarter. The volatility ratio for the week is 1.93%, and the volatility levels for the past 30 days are at 2.35% for Vector Group Ltd The simple moving average for the past 20 days is -6.62% for VGR’s stock, with a -10.07% simple moving average for the past 200 days.
Analysts’ Opinion of VGR
Many brokerage firms have already submitted their reports for VGR stocks, with Barclays repeating the rating for VGR by listing it as a “Overweight.” The predicted price for VGR in the upcoming period, according to Barclays is $16 based on the research report published on March 31, 2022 of the previous year 2022.
Barclays, on the other hand, stated in their research note that they expect to see VGR reach a price target of $17, previously predicting the price at $13. The rating they have provided for VGR stocks is “Equal Weight” according to the report published on November 15th, 2021.
Oppenheimer gave a rating of “Outperform” to VGR, setting the target price at $18 in the report published on November 09th of the previous year.
VGR Trading at -7.23% from the 50-Day Moving Average
After a stumble in the market that brought VGR to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -25.47% of loss for the given period.
Volatility was left at 2.35%, however, over the last 30 days, the volatility rate increased by 1.93%, as shares sank -10.62% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -7.74% lower at present.
During the last 5 trading sessions, VGR fell by -3.19%, which changed the moving average for the period of 200-days by -20.68% in comparison to the 20-day moving average, which settled at $10.66. In addition, Vector Group Ltd saw -11.26% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at VGR starting from LEBOW BENNETT S, who sale 121,054 shares at the price of $11.69 back on Dec 14 ’23. After this action, LEBOW BENNETT S now owns 23,750 shares of Vector Group Ltd, valued at $1,415,605 using the latest closing price.
LEBOW BENNETT S, the Director of Vector Group Ltd, sale 50,000 shares at $11.68 during a trade that took place back on Dec 13 ’23, which means that LEBOW BENNETT S is holding 144,804 shares at $583,945 based on the most recent closing price.
Stock Fundamentals for VGR
Current profitability levels for the company are sitting at:
- 0.22 for the present operating margin
- 0.32 for the gross margin
The net margin for Vector Group Ltd stands at 0.13. The total capital return value is set at 0.38.
Based on Vector Group Ltd (VGR), the company’s capital structure generated 2.17 points at debt to capital in total, while cash flow to debt ratio is standing at 0.15. The debt to equity ratio resting at -1.85. The interest coverage ratio of the stock is 2.87.
Currently, EBITDA for the company is 347.0 million with net debt to EBITDA at 3.12. When we switch over and look at the enterprise to sales, we see a ratio of 1.89. The receivables turnover for the company is 53.86for trailing twelve months and the total asset turnover is 1.48. The liquidity ratio also appears to be rather interesting for investors as it stands at 3.52.
Conclusion
To wrap up, the performance of Vector Group Ltd (VGR) has been bad in recent times. The stock has received a mixed of “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
